CarGurus (CARG) Research & Development (2016 - 2026)

CarGurus' Research & Development history runs 11 years deep, the most recent figure standing at $37.7 million for Q1 2026.

• In Q1 2026, Research & Development rose 7.55% year-over-year to $37.7 million; the TTM figure through Mar 2026 stood at $139.7 million (up 0.87% YoY), while the FY2025 annual figure was $138.3 million, down 0.53% from the prior year.
• Research & Development was $37.7 million for Q1 2026 at CarGurus, up from $31.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $37.7 million in Q1 2026 to a low of $27.3 million in Q4 2023.
• Historically, Research & Development has averaged $33.8 million across 5 years, with a median of $35.0 million in 2025.
• The sharpest annual moves came in 2022 and 2023: Research & Development rose 21.81% in 2022, then retreated 13.4% in 2023.
• A 5-year view of Research & Development shows it stood at $31.6 million in 2022, then dropped by 13.4% to $27.3 million in 2023, then advanced by 11.73% to $30.5 million in 2024, then gained by 2.68% to $31.3 million in 2025, then advanced by 20.17% to $37.7 million in 2026.
• The last three Research & Development figures came in at $37.7 million (Q1 2026), $31.3 million (Q4 2025), and $36.3 million (Q3 2025), per Business Quant data.